Post Utme Achievers University 2018 Commerce Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 11 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

A sole trader's business is characterized by the following features: unlimited liability, unlimited capacity, and the owner's personal assets are not protected. Which of the following is NOT a characteristic of a sole trader's business?

Answer Options

A. Limited liability
B. Unlimited capacity
Correct Answer C. The owner's personal assets are protected
D. Unlimited liability
Correct Answer
C
Correct Option:
The owner's personal assets are protected

About This Question

This is Post Utme Achievers University 2018 Commerce Question 11. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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